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Press Release Source: JSX ENERGY Inc.


JSX ENERGY Signs Seismic Data Sharing Agreement
Wednesday February 21, 8:00 am ET


BANGKOK, Thailand--(BUSINESS WIRE)--JSX ENERGY Inc. is pleased to announce that it has signed an agreement with the Thai Government Department of Mineral Fuels to gain access to 100 kilometres of 2D Seismic data, first acquired by the DMF over 10 years ago. "The cost and time required for JSX to generate this data from scratch represents a value of well over $2,000,000 USD to the Corporation and greatly accelerates our work program," stated Sam Cohen, JSX Executive Director.
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This critical data covers several areas of interest in the Mae Sot Basin and management believes that reprocessing it with advanced techniques will yield considerable new information. These findings will be helpful in correlating other information in the Company's possession, with the objective of identifying high priority targets for JSX's drilling program.

JSX ENERGY INC. (OTC:JSXG - News; FWB:JXN) (WKN:A0LGD2) (ISIN:US46629L1070) is an aggressive exploration company focused on high growth opportunities in Thailand's petroleum sector. Management is comprised of leading experts in Thailand's energy industry who have positioned the Company to benefit from revised government policies designed to increase domestic production - visit: www.jsxenergy.com

A number of statements contained in this report are forward-looking statements, which are made pursuant to the Safe Harbor provisions of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve a number of risks and uncertainties, including the timely development and market acceptance of products and technologies, competitive market conditions, successful integration of acquisitions, the ability to secure additional sources of financing, the ability to reduce operating expenses and other factors not set forth herein. The actual results that the Company may achieve may differ materially from any forward-looking statements due to such risks and uncertainties.



Contact:
JSX Energy Investor Relations
Ms. Supeecha Hundstuen, [phone]

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Source: JSX ENERGY Inc.


http://biz.yahoo.com/bw/070221/20070221005371.html?.v=1

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Antwort auf Beitrag Nr.: 27.877.039 von depotcheck am 21.02.07 15:23:48